News: Connecticut

IREM publishes revised edition of Practical Apartment Management

For anyone who manages apartments - whether new to the industry or a seasoned professional - the sixth edition of Practical Apartment Management, just published by the Institute of Real Estate Management, is an authoritative, comprehensive "how-to" guide providing practical information about the many day-to-day responsibilities involved in managing apartments. Completely revised and expanded to reflect the dramatic changes that have occurred in almost every aspect of residential property management over the past five years, the publication is organized for use as an ongoing reference tool. It covers the basics of ownership, management, and insurance; includes advanced solutions for marketing, leasing, and tracking residents of rental properties; and contains a wide array of new ideas and techniques to enhance on-the-job performance. Edward Kelley, CPM Emeritus, is a forerunner in the apartment management industry, and continues to pioneer new techniques and approaches to benefit property owners and managers. His distinguished career has included extensive management responsibilities for billions of dollars worth of investment real estate. Kelley's writings and seminar presentations have drawn wide and enthusiastic audiences. In addition to Practical Apartment Management, he has written other texts dealing with investment analysis and apartment marketing. He also is a prolific writer of articles for trade magazines on a wide array of subjects, including apartment marketing, upgrading and renovation, resident retention, rent setting, collections, and staff training and motivation. Practical Apartment Management is $47.95 for IREM Members and $59.95 regular price (plus shipping and applicable state sales tax). To order, contact the IREM Customer Relations Dept. at 430 N. Michigan Ave., Chicago, IL 60611, or call toll-free at (800) 837-0706, ext. 4650 or e-mailed to custserv@irem.org.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary